Saturday, March 26, 2011
Elizabeth Taylor Estate Estimate Upward to $1B - to Auction Jewelry
Elizabeth Taylor's estate is believed be worth between $600 million and $1 billion, most of it, according to Bloomberg Businessweek Senior Editor Diane Brady, from the side of her few fans realized had grown so big - Liz Taylor, businesswoman.
Brady says Taylor was actually "one of the first people out there basically branding her personality."
On "The Early Show on Saturday Morning," Brady told co-anchor Rebecca Jarvis estimates of the size of Taylor's fortune fall in a "pretty broad range. You are hearing a billion. You're hearing $600 million. I think $600 million seems to be what most people are settling on.
"But, you know, clearly, they're auctioning off her jewelry collection. They think that's going to be about $150 million. She had real estate that was worth at least $130 million.